Filing an application for a Russian residence permit through the purchase of an active business:

Overview:

Under this method, the applicant will purchase 100 % of the shares of an active business, whether it is a café, a restaurant, a florist, an IT company, a laundry, a workshop, a beauty salon, a car wash, thus, in Russia. If the applicant can provide proof of all legal details of the process, he/she can then file an application to the immigration police office for a Russian residence permit for him/herself and his/her family and if his/her application is accepted by the immigration police office, he/she is free to live in this beautiful, spectacular country until the validity period of his/her residency card. After the expiry date, the residence card is extended if requested by the applicant.

One of the most obvious features of this method is that the applicant does not need to take long to set up his business. By buying a business that already operates, applicants can start managing and operating their business with less concern. For example, imagine you’re intending to set up a coffee-shop business from scratch. You will have to rent a shop first, hire a bookkeeper, get required food and beverages licenses, build up a website and promote it on social media, advertise for your coffee-shop, attract customers, set a menu, make contracts with distribution companies, design and execute the interior and exterior design of your coffee-shop, interview, hire and educate staff and the list goes on. But when you’re taking over an already operative and functioning business, you will only have to receive your documents and keys, get the necessary education, and start your work up straight!

Applicants who meet all conditions defined by the Russian government about setting up a business, might be able to get a residence permit with up to 3 years of validity in their first attempt!

General conditions:

Applicants willing to file a request for Russian residency through the business registration must have at least all of the conditions below:

Steps you’re going to take in the process of filing an application for the Russian residence permit through the purchase of an active business:

The benefits of receiving a Russian residence permit through the purchase of an already operative business:

Required documents:

Costs:

Some important points you might not have known:

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